TripAdvisor Inc (TRIP): Today's Featured Technology Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

TripAdvisor ( TRIP) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 0.8%. By the end of trading, TripAdvisor fell $2.40 (-2.9%) to $81.50 on average volume. Throughout the day, 1,831,656 shares of TripAdvisor exchanged hands as compared to its average daily volume of 2,100,500 shares. The stock ranged in price between $81.26-$85.16 after having opened the day at $84.66 as compared to the previous trading day's close of $83.90. Other companies within the Technology sector that declined today were: China BAK Battery ( CBAK), down 15.8%, Kingtone Wirelessinfo Solution ( KONE), down 14.2%, Infinera Corporation ( INFN), down 11.4% and eOn Communications Corporation ( EONC), down 10.1%.

TripAdvisor, Inc., an online travel company, enables travelers to plan and have the perfect trip. It offers advice from real travelers and various travel choices and planning features with seamless links to booking tools. TripAdvisor has a market cap of $10.8 billion and is part of the internet industry. The company has a P/E ratio of 55.9, above the S&P 500 P/E ratio of 17.7. Shares are up 1.3% year to date as of the close of trading on Friday. Currently there are 7 analysts that rate TripAdvisor a buy, 3 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates TripAdvisor as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, T-Mobile US ( TMUS), up 180.2%, Vimicro International Corporation ( VIMC), up 40.8%, Inteliquent ( IQNT), up 22.9% and Giga-tronics ( GIGA), up 22.1% , were all gainers within the technology sector with Google ( GOOG) being today's featured technology sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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